Key stats
About Texas Capital Texas Small Cap Equity Index ETF
Expense ratio
0.49%
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Inception date
Dec 21, 2023
TXSS provides targeted exposure to the Texas small-cap equity space. The fund adviser believes that companies headquartered in Texas enjoy certain economic, regulatory, taxation, workforce, and other benefits relative to companies headquartered in other states. The portfolio construction starts with an initial universe of companies from Texas that are listed on the NYSE and/or NASDAQ and have smaller market capitalizations than the 800th largest company in the index universe. Eligible securities that meet the funds minimum market-cap and liquidity requirements are selected for inclusion. Component sectors in the index are weighted based on their industry contributions to Texas GDP, as reported for the private sector, by the US Bureau of Economic Analysis. Companies within each sector are then weighted by market-cap, with a minimum cap of 0.05% and a maximum cap of 10% per constituent. The index reconstitutes and rebalances quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Stocks99.88%
Finance19.86%
Distribution Services8.85%
Industrial Services8.21%
Commercial Services7.84%
Health Services7.05%
Consumer Services6.89%
Retail Trade5.72%
Producer Manufacturing5.49%
Energy Minerals5.48%
Technology Services5.16%
Process Industries5.13%
Transportation4.71%
Health Technology3.05%
Electronic Technology2.64%
Consumer Durables2.28%
Non-Energy Minerals0.92%
Utilities0.43%
Communications0.15%
Bonds, Cash & Other0.12%
Mutual fund0.12%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history